00756pab a2200133 454500008004000000100001900040245003900059260000900098300001400107362001200121520043900133650001100572773003900583180718b2005   xxu||||| |||| 00| 0 eng d  aD'Souza, Errol  aAre retrenchment laws inefficient?  c2005  ap.939-44.  aOct-Dec  aIt is argued that anti-retrenchment laws end up hurting the workers they were designed to project because firms decrease their demand for labour in anticipation of surplus labour during downturns. If free contracting between workers and firms is allowed we show in an efficiency wage set up that both firms and workers can behave opportunisitically requiring third-party enforcement of employment protection legislation. - Reproduced.  aLabour  aIndian Journal of Labour Economics